Official Answer Key & Detailed Solution
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Correct Answer: Option (D) — Bank for International Settlements
Concept & Option Breakdown
Standard Reference Verified- Multilateral Investment Guarantee Agency (MIGA), International Finance Corporation (IFC), and International Centre for Settlement of Investment Disputes (ICSID) are all constituent institutions of the World Bank Group, which is a specialized agency of the United Nations system.
- The Bank for International Settlements (BIS), headquartered in Basel, Switzerland, is an independent international financial institution owned by central banks that fosters international monetary and financial cooperation. It is not part of or affiliated with the UN.
MIGA, IFC, and ICSID all belong to the World Bank Group (UN specialized agency), making BIS the distinct odd-one-out.
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